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Sunday Real Estate Round-Up, 12/05/10

Filed under: Estates, Celebrity Shopping


From the WSJ:
--Paramount Chairman and CEO Brad Grey has bought a hacienda-style home in Los Angeles for $18.5 million. The six-bedroom home, which was lived in by Frank Sinatra's ex-wife Nancy Barbato was listed at $22.5 million when we first checked it out back in September. Grey, a Sinatra fan, recently sold his Pacific Palisades home for $21.5 million. His new home needs a bit of updating.

--The Miami Heat's Dwyane Wade has bought a Miami Beach home for $10.6 million. The six-bedroom Mediterranean-style house has 150-plus feet of bay frontage and a tennis court that he's planning to convert to a basketball court.
--The former Beverly Hills home of late television sidekick Ed McMahon was foreclosed on by Dan Schryer, of DCI Technology Holdings, the investor who purchased Mr. McMahon's underlying loan from Countrywide Financial. It had been listed earlier this year for $4.6 million. Schryer bought the home's mortgage in 2009, allowing Mr.McMahon and his wife to remain in the home. Hee decided to foreclose on the home now so he could put it on the market again early next year.


From the NY Post:
--Halle Berry has shown interest in a three-bedroom unit at the Park Imperial building at 230 W. 56th St., the Sean "Diddy" Combs, Deepak Chopra and Christopher Meloni of "Law & Order" all call home.
--Two Trees Farm in Bridgehampton has had a major price cut. The 115-acre property was once $95 million but is now listed for $55 million, which includes development rights. Or you can buy 73 acres without development rights for $20 million.
--A home used in the movie "The Godfather," is up for sale for $2.9 million.
--Chef Marc Murphy has been spotted checking out apartments in the new 535 West End Ave. condo building.
--The buyer of Elie and Rory Tahari's 141 Prince St. triplex is Ted Waitt, the billionaire founder of computer maker Gateway who paid $27.5 million.
-- Sarah Jessica Parker and Matthew Broderick have settled in at 88 Central Park West in an apartment with a 32-foot living room and eight bedrooms. It was most recently listed at $21.5 million.

From CNBC:
--Facebook CEO Mark Zuckerberg's former rental home in Palo Alto, California is listed for $7,850 a month.

From Newsday:
--Former tennis player Ruta Gerulaitis has sold her Centre Island home for $1.965 million.
--Ogden Phipps II and wife, Ashley, have sold their Glen Cove home for $2.25 million, $100,000 less than they paid for the home in 2007. Phipps is the great-great grandson of Henry Phipps, who made his fortune as steel magnate Andrew Carnegie's business partner.


From the LA Times:
--Lisa Marie Presley has sold a ranch-style house in gated Hidden Hills for $5 million.
--Advertising pro Lee Clow, co-creator of Apple's "Think Different" campaign, has purchased a vacation home at the Terranea Resort in Rancho Palos Verdes for $2.2 million.
--Television host and singer Mark McGrath has sold his home in the Hollywood Hills for above its asking price of $1.25 million.
--The personal residence and studio of the late photographer Julius Shulman has sold for $2.25 million in the Hollywood Hills.

From the NY Times:
--A "double-height artist studio" with many original Charles Platt touches has recently gone on the market in the building, at 131 East 66th Street, known as the Studio Building. The listing is here.

Sunday Real Estate Round-Up, 09/05/10

Filed under: Estates, Celebrity Shopping


From the LA Times Hot Property:
--A Malibu property known as La Esperanza, the beach retreat of actress Greta Garbo in the 1930s, is on the market for $12.6 million. The listing is here.
--A Bel-Air estate that was once home to producer David Wolper and then composer Jerry Herman has come on the market in Bel-Air at $23.45 million. The property website is here.
--Comcast Entertainment Group president and chief executive Ted Harbert has sold a condominium in the Azzurra high-rise in Marina del Rey for $1.63 million.

From the Real Estalker:
--"Crocodile Dundee" actor Paul Hogan and Linda Kozlowski have listed a home in Montecito, California for $6.5 million. They bought the home in 2008 for $6.7 million. The listing is here. Hogan is currently in Australia and not allowed to return to the United States until he pays a multimillion-dollar tax bill.
--Cornelia Guest has relisted her home, Templeton, in Old Westbury, New York for $11.9 million. It was listed for $20 million when we checked it out as an estate of the day in 2008.

Gallery: Templeton


--Mariska Hargitay and Peter Hermann have picked up a new 11-bedroom home in East Hampton, New York for $7.34 million.
--The listing for Candy Spelling's $150 million manor in Holmby Hills has finally hit the MLS. The listing is here.

From TMZ:
--Rachel Uchitel one of Tiger Woods' mistresses, has picked up a three-bedroom Park Avenue apartment that was listed around $2 million.

From the Wall Street Journal's Private Properties:
--Paramount Chairman and CEO Brad Grey has sold his Pacific Palisades home for $21.5 million.
--A vineyard estate in St. Helena, California is on the market for $20 million. The home is owned by T. Gary Rogers, the former CEO of Dreyer's Grand Ice Cream and chairman of the San Francisco Federal Reserve Bank. The 153-acre property, known as La Herradura, includes one of the largest private lakes in Napa Valley. The property website is here.
--An oceanfront Malibu, California, estate that was listed for $49.95 million has gotten a $10 million price cut to $39.95 million. The 19,000-square-foot, nine-bedroom home is on a bluff with three acres of oceanfront and a stone stairway that leads down to the beach. The property website is here.

Brad Grey in Pacific Palisades, Estate of the Day

Filed under: Estates, Celebrity Shopping


The Real Estalker mentioned that mega producer Brad Grey had bought a place in Bel-Air in April for $22 million. Now his Pacific Palisades home has hit the market. Grey and his wife Jill are divorcing. Their shingled home sits on two acres of grounds that include a large duck pond, pool and tennis court. The home itself was built by Grey in the late 1990s and has over 13,000 square feet of space. It's an Arts and Crafts inspired home molded to the Southern California lifestyle with large windows and an open floorplan. The home includes a formal living room and dining room as well as a more casual family room for lounging around. One curious feature is the den which has two large stainless steel refrigerator-like units which may be humidors. A large paneled office makes an excellent place for doing business at home. The lower level is built for recreation with a huge wine cellar, 35mm projection theater and a gym. The huge master suite includes a sitting room, terrace, wet bar, and dual walk in closets and dual bathrooms. The home has been staged which explains the blandly perfect decor. Like the Real Estalker, I tend to think the $29.99 million listing price is more than a bit steep even with the ample land. The water bill alone for all those lawns will certainly require a large bank account.


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